GSC 5600 Exam 2 question n answers graded A+ 2023

GSC 5600 Exam 2ELD (Electronic Logging Device) - correct answer A record logger for trucks All pricing has a fuel surcharge in trucking - correct answer . Stagger Act - correct answer This act allowed railroads to be competitive against trucking. Led to ICC termination act of 1995. BNSF - correct answer - Primary transportation mode utilized: Rail - Headquarters location: Fort Worth, Texas - Year company founded: Dates back to 1849, founded in 1995-7 - General geography served: Western 2/3 of the US, 28 states, some in Canada - Primary service offered by the company: Intermodal transportation - Auburn alumni in key executive roles: Differences between FC, SVC, and VC - correct answer FC- fixed cost SVC- variable; maintenance of right of way VC- variable cost, vary substantially with traffic volume. Short run economies of scale - correct answer Exist when average variable costs decline with the level of output. In current day, which transportation mode moves the most freight? - correct answer Motor carriers 82c to the $1 spent on transport goes to the _________ industry. - correct answer Trucking